The term “Electronic Banking” or “e-banking” is defined as remote banking services provided by authorized banks, or their representatives through devices operated either under the bank's direct control and management or under the outsourcing agreement. In other words, e-banking is an umbrella term for the process by which a customer may perform banking transactions electronically without visiting a branch and includes the systems that enable customers of banks, individuals or businesses, to access accounts, transact business, or obtain information on financial products and services through a public or private network, including the Internet.

A “remote banking service” is defined as a:

* Dedicated banking service for which the Customer has explicitly registered and authorized. * Service supplied using devices that are not under the control of the Provider; * Service which demands the authentication of the Customer.

Cross-border e-banking is defined as the provision of transactional on-line banking products or services by a bank in one country to authorized customer in other countries. This definition would include situations where a foreign bank provides e-banking products or services to residents in a foreign country from (i) a location in the bank’s home country, or (ii) an “onshore” physical establishment in another foreign country.

The following terms used to describe the various forms of e-banking are often used interchangeably: personal computer (PC) banking; Internet banking; virtual banking; online banking; home banking and remote electronic-banking.

Services Exclusions Usually, e-banking also involves phone banking and the use of automated teller machines (ATMs) but these are not covered under the above e-banking definition for the purpose of these Rules.

Furthermore, individual communications such as e-mail (digitally signed or otherwise) received by the Provider from a Customer outside the context of a remote banking service, are also not covered under this definition.

Various other related terms are defined in the Glossary at Appendix 1 to these Rules.

2.2 E-banking Evolution:

Technology developments and innovations are having a significant impact on the banking business. Banks face the challenge of adapting, innovating and responding to the opportunities provided by the technological advancements. The growth of e-banking has benefited enormously to banks and their customers. It has allowed banks to expand outreach, reduce transaction costs, improve efficiency, and provide virtual banking...

YOU MAY ALSO FIND THESE DOCUMENTS HELPFUL

...System or business analysis is generally a liaison function between the business side and the service side of a business. These two titles are the same in function, but not the same in their output even though sometimes they are used interchangeably due to the nature that most companies with this position are IT (Information Technology) related. Both operate using the system development life cycle. A businessanalyst or...

...To run a business is not a work of single man. There are a lot of people who contribute their efforts to make any business successful. In businesses, there is and always a need of well educated and skilled people to look at the input and output functionality and determine how to best handle the situation between clients and manufacturers. These skilled and learned people are usually known as BusinessAnalyst or BA's....

... BAs assess business models and their integration with technology.
Systems Development Life Cycle (SDLC) is a process used by a systems analyst to develop an information system, including requirements, validation, training, and user (stakeholder) ownership.
The Systems Life Cycle (SLC) is a methodology used to describe the process for building information systems, intended to develop information systems in a very deliberate, structured and methodical way
In...

...Management Information Analysts role, and then eventually a BusinessAnalyst role as my long term role. This will also help me work towards my career I wish to pursue in the educational field, where I will have to also demonstrate data management tasks on my day to day tasks at work.
After completing my Apprenticeship in Business and Admin L3, I am looking forward to starting an Apprenticeship L4 with a hard working to develop my career...

...skills for the system developer mainly the system analyst.
Factors such as rapid technology changes, business and organizational demand, information centric economy and up-to-date users requirement offer more challenges and opportunities for system analyst career development. Needless to say, system analyst therefore have to be closely following advances in the factors mentioned to stay relevant and being part of the global...

...Leonard Marshall
Bob O'Brien
CIS-320
October 7th 2012
Required Skills of a Systems Analyst
A systems analyst is someone who solves business problems using information system technology. Problem solving means looking into the problem in great detail as well as understanding everything about the problem, generating several alternatives for solving the problem, and then picking the best solution for the company. Information systems are usually...

...BUSINESSANALYST TRAINING
Feb - 2014
DAY 1

What does a BusinessAnalyst actually do

System Development Life Cycle – High Level
WHAT DOES A BA DO IN ACTUAL
It depends on :
 Nature of Organization
 Nature of Project
BusinessAnalyst / System Analyst / Quality Analyst /
Project Coordinator / Project Manager
Some of the common activities in every project...